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The Growth Stock Rebound Is Just Getting Started

The Growth Stock Rebound Is Just Getting Started
wallstreetdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreetdaily.com Daily Mail and Mail on Sunday newspapers.

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A Major Market Puts the Pandemic in the Rearview Mirror

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There s only one way to know when a market has moved on from a crisis.
It s not necessarily after the crisis is over, either. Instead, it s when a market completely erases the losses it endured from the terrible event.
I m talking about when a market breaks back out to new highs. This simple measure is the market telling us that what used to be a concern isn t anymore.
That happened for the U.S. market in August 2020. And the S&P 500 has rallied double digits since then. But many global markets have taken longer to reach new highs.
Now, it s happening in German stocks. The German Stock Index ( DAX ) broke out to a new 52-week high over the past month. ....

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Canadian Stocks Just Hit New Highs... And It's Not Over Yet

This has been a major theme around the globe over the past few months.
Markets all around the world are breaking out to new highs. We ve seen it in U.S. stocks, emerging markets, and other major global markets.
Another part of the world is joining that list today. And if you ve been reading
DailyWealth, you know that it s a good sign for investors.
History tells us that new highs usually lead to newer and higher highs. It s a bit counterintuitive. But it s a simple reality. And today s example shows it.
Canadian stocks recently hit a new all-time high. And two decades of data point to more outperformance as a result. ....

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